2025 Highlights Net revenue grew to $6.5 billion, an increase of 10.7% compared to 2024; Adjusted EBITDA1 of $$1.1 billion, up 16.7% year-over-year, and adjusted EBITDA margin1 of 17.6%, a 90 basis point increase over 2024; Operating cash flows increased 43.1% from $603.1 million to $862.9 million and delivered strong free cash flow to net income of 1.3x; Diluted EPS1 of $4.20 and adjusted EPS of $5.30, an increase of 19.9% over 2024; and Backlog of $8.6 billion, up 9.5% from December 31, 2024. EDMONTON, Alberta and NEW YORK, Feb. 25, 2026 (GLOBE NEWSWIRE) -- TSX, NYSE:STN Stantec, a global leader in sustainable design and engineering, released its results today for the fourth quarter and year ended December 31, 2025.